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  • SHANGHAI, March 10- China's central bank is preparing new regulations that would allow commercial banks to directly swap non-performing loans to firms for shares in their companies, two sources with direct knowledge of the new policy told Reuters. They added that the new regulations would be promulgated with special approval from the State Council, China's...

  • The two companies will seek to overcome the kind of regulatory concerns that scuppered Deutsche Boerse's attempt to merge with NYSE Euronext four years ago, a deal blocked because it would have created a near-monopoly on exchange-traded derivatives in Europe. They could argue there is less overlap between certain business lines in any one region, namely...

  • LONDON, March 6- Britain's financial regulators introduce the new Senior Managers Regime on Monday to make top bankers accountable for misconduct at their companies. The reform is in response to public anger that, under the previous system, few senior bankers were punished after taxpayers had to bail out several lenders during the 2007-09 financial crisis.

  • NEW YORK, March 4- A U.S. watchdog agency is preparing to investigate whether the Federal Reserve and other regulators are too soft on the banks they are meant to police, after a written request from Democratic lawmakers that marks the latest sign of distrust between Congress and the central bank. Ranking representatives Maxine Waters of the House Financial...

  • NEW YORK, March 4- A U.S. watchdog agency is preparing to investigate whether the Federal Reserve and other regulators are too soft on the banks they are meant to police, after a written request from Democratic lawmakers that marks the latest sign of distrust between Congress and the central bank. Ranking representatives Maxine Waters of the House Financial...

  • WASHINGTON, March 4- The Federal Reserve on Friday proposed to limit how much the largest U.S. banks lend to one another and other finance companies as regulators try to protect the system in the event of a future crisis. Banks with $250 billion or more in assets may lend no more than 25 percent of their top-tier capital to one other institution.

  • ISTANBUL, March 1- The investment banking arm of Qatar's Barwa Bank is looking for investments in Turkey, in sectors ranging from real estate to food, and could spend more than $150 million per deal, its acting chief executive said on Tuesday. "Considering its growth potential, stability, strong regulations and corporate governance, we are looking to invest in...

  • Japan is stuck in a 'structural rut'

    Until Prime Minister Shinzo Abe pushes structural reforms through, nothing will change for Japan's economy, explains Michael Every from Rabobank.

  • NEW YORK, Feb 29- IEX Group, the private U.S. stock trading platform featured in Michael Lewis's book "Flash Boys: A Wall Street Revolt," said on Monday it amended its exchange application to address a practice that critics have said would give it an unfair speed advantage. IEX applied in September to become a public stock exchange, prompting a flood of nearly 400...

  • NEW YORK, Feb 26- A federal judge has dismissed nearly all of a lawsuit against Bank of America Corp and US Bancorp that held them liable for losses on roughly $6.8 billion in toxic mortgage securities that helped sink five federal credit unions. District Judge Katherine Forrest in Manhattan rejected claims by the National Credit Union Administration that the...

  • Henry Paulson

    Former Treasury Secretary Henry Paulson, who oversaw bank bailouts in the global financial crisis, has different advice for China: Let companies fail.

  • FRANKFURT, Feb 25- Germany's financial watchdog will take no further action against Deutsche Bank over interest rate rigging and precious metals price fixing, the country's largest lender said on Thursday. It has also drawn a line under a special audit into a derivatives trade with Italy's Monte dei Paschi, Deutsche said in a statement. And Bafin is still...

  • NEW YORK, Feb 19- Bats Global Markets, the No. 2 U.S. exchange operator, has received regulatory approval to crack down more promptly on manipulative trading behavior on its stock exchanges, according to a Securities and Exchange Commission filing. If Bats detects manipulative trading patterns, the new rule allows it to contact the broker of the trader or firm in...

  • NEW YORK, Feb 16- Exchange operator Nasdaq Inc said on Tuesday it plans to lower trading prices for some U.S. stocks during times of extreme market volatility to determine whether the incentives lead to less disruptive trading. The move comes as exchanges and regulators re-examine rules designed to ensure orderly markets following a chaotic trading session...

  • We are committed to reforms: Cyprus fin min

    Harris Georgiades, minister of finance for Cyprus, says the country is focused on maintaining its reform agenda.

  • NEW YORK, Feb 10- New York Governor Andrew Cuomo on Wednesday urged federal regulators to block KeyCorp's plan to acquire First Niagara Financial Group Inc, saying the merger would impede retail banking competition and cost thousands of jobs upstate. The request, unusual for a sitting governor, came 3-1/ 2 months after Cleveland- based KeyCorp announced plans to...

  • WASHINGTON, Feb 10- The U.S. government and the country's largest life insurer squared off in federal court on Wednesday over whether regulators can designate non-banking firms as "too big to fail," one of the major reforms that followed the financial crisis. District Judge Rosemary Collyer heard MetLife Inc.' s arguments that the Financial Stability Oversight...

  • Comptroller of the Currency Thomas Curry speaks at luncheon before the 2016 National Interagency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corp, Office of the Comptroller of the Currency and the Community Development Financial Institutions...

  • MONDAY, FEBRUARY 8 LOS ANGELES- Federal Deposit Insurance Corp Chair Martin Gruenberg speaks before the 2016 National Inter-agency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the...

  • The settlement resolves lawsuits the U.S. regulator filed as receiver for the three failed banks against Morgan Stanley and other defendants over what the FDIC said were misrepresentations in the offering documents for the mortgage-backed securities. The latest settlement followed an earlier FDIC accord last year in which Morgan Stanley agreed to pay...